Bellars Harris Wealth Management LLC Takes $5.55 Million Position in Omega Healthcare Investors, Inc. $OHI

Bellars Harris Wealth Management LLC purchased a new stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 116,406 shares of the real estate investment trust's stock, valued at approximately $5,550,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Omega Healthcare Investors during the 4th quarter worth approximately $156,166,000. Invesco Ltd. boosted its stake in shares of Omega Healthcare Investors by 101.7% in the 3rd quarter. Invesco Ltd. now owns 4,944,921 shares of the real estate investment trust's stock worth $208,775,000 after buying an additional 2,493,877 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Omega Healthcare Investors in the fourth quarter valued at approximately $93,476,000. Cbre Investment Management Listed Real Assets LLC grew its holdings in shares of Omega Healthcare Investors by 327.5% in the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 2,222,799 shares of the real estate investment trust's stock valued at $98,559,000 after acquiring an additional 1,702,846 shares in the last quarter. Finally, Daiwa Securities Group Inc. grew its holdings in shares of Omega Healthcare Investors by 84.6% in the third quarter. Daiwa Securities Group Inc. now owns 3,058,031 shares of the real estate investment trust's stock valued at $129,110,000 after acquiring an additional 1,401,066 shares in the last quarter. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

OHI has been the topic of a number of recent analyst reports. Royal Bank Of Canada lifted their price target on Omega Healthcare Investors from $47.00 to $48.00 and gave the stock a "sector perform" rating in a report on Monday, May 4th. Truist Financial reduced their price objective on Omega Healthcare Investors from $48.00 to $46.00 and set a "hold" rating for the company in a research note on Tuesday, June 9th. UBS Group set a $47.00 target price on Omega Healthcare Investors in a research report on Thursday, June 18th. BMO Capital Markets reiterated a "market perform" rating and set a $52.00 target price on shares of Omega Healthcare Investors in a research note on Monday, May 4th. Finally, Weiss Ratings raised shares of Omega Healthcare Investors from a "buy (b)" rating to a "buy (b+)" rating in a report on Tuesday, June 30th. Six analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $49.21.

Omega Healthcare Investors Trading Up 1.1%

Shares of NYSE OHI opened at $46.52 on Friday. The stock has a fifty day simple moving average of $48.04 and a two-hundred day simple moving average of $46.88. Omega Healthcare Investors, Inc. has a 1-year low of $39.26 and a 1-year high of $52.39. The firm has a market cap of $14.10 billion, a price-to-earnings ratio of 16.62, a price-to-earnings-growth ratio of 1.97 and a beta of 0.57.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last issued its earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.68. Omega Healthcare Investors had a return on equity of 15.76% and a net margin of 66.96%.The firm had revenue of $328.25 million for the quarter, compared to analyst estimates of $266.97 million. During the same period in the previous year, the company posted $0.77 earnings per share. The business's revenue was up 16.2% on a year-over-year basis. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. Analysts forecast that Omega Healthcare Investors, Inc. will post 3.12 EPS for the current year.

Omega Healthcare Investors Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were paid a $0.68 dividend. The ex-dividend date was Monday, August 3rd. This represents a $2.72 dividend on an annualized basis and a yield of 5.8%. This is an increase from Omega Healthcare Investors's previous quarterly dividend of $0.67. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 97.14%.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company's core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.

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